Suthmo

BTC pauses @ Golden Ratio and +216% core projection

Corto
Suthmo Actualizado   
COINBASE:BTCUSD   Bitcoin
BTC moved up beyond my core projection target @ +161.8 currently stopped at +261.8
There is a symmetrical triangle termination at lower time frames. want to sell 13777.
Comentarios:
+423% comes in near 88% of the entire move down. aprx 17777 / 18000
Comentarios:
BAM! Instant 2k point drop 🍾 Looks like it wants 9550
Comentarios:
+261% right back down to +161 wiped out instantly...
Comentarios:
I will be looking for move down to 9550/9700 and watching the next move up to confirm if it's a sharp sub wave 2 leading to more downside.
Comentarios:
Wave 6 down is moving up to 88% Sell at 13587 this level will make or break my wave count. I talk a lot about classic wave 6 to 88%. This move to 88% would lift the core projection to 10127. Need a rise to 13587 and fall to 10127.
Comentarios:
Core projection for the move up ends at 132174 it's going to fall from here 61/78% Sell now, target 10127 stops over 88% @ 13587
Comentarios:
Core target for the higher time frame move down lowered to 9832
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